Preventing IT Revenge

BEFORE THE SPIN

The more we try to move away from the human factor in trading technology, the more it comes back to bite us in the behind.

This is one of the lessons that we can derive from the recent trial and conviction of a system administrator at the former UBS PaineWebber (now just UBS). This trusted IT manager was recently found guilty of IT sabotage via a "logic bomb" virus that hit 2,000 servers. Among other problems, prosecutors allege that the administrator's actions prevented approximately 8,000 UBS

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